By Dan Darrow
August 25, 2022
Intraday Update: MPC
MPC is green again (something of a habit here) and this morning's rally has sent the Sep16 $105/$110/$115 call fly solidly into the money. The plan will be to book the remainder of the trade into strength and wait for the stock to pause or consolidate. It is beginning to get stretched from its moving averages, so the chance of a pullback is increasing.
Trader Author Portfolio Holdings
**As of the date and time of publication